When a stock I own is subject to a merger or spinoff, the brokerage
which holds the securities charges a $20 "mandatory reorganization
fee". What is the tax treatment for this fee? Do I add this amount
to the tax basis of the stock, as with the commission on a purchase?
========================================= MODERATOR'S COMMENT:
Yes, since it is a fee associated with that particular transaction
- posted 12 years ago